Embassy Group projects, prices and track record
Bengaluru group known for office parks, now selling luxury and premium homes through a listed company
Who is Embassy Group?
In one lineEmbassy Group was started in Bengaluru in 1993 by Jitu Virwani. Its homes are sold by the listed Embassy Developments Ltd, mainly premium and luxury flats and villas in Bengaluru.
Who they are. Embassy Group was started in Bengaluru in 1993 by Jitu Virwani and is best known for large office parks. Its housing business now sits in Embassy Developments Limited, a listed company formed when Embassy merged its homes business into the former Indiabulls Real Estate. Aditya Virwani is Managing Director.
How big they are. In FY26 (April 2025 to March 2026) Embassy Developments booked home sales of ₹4,631 Cr, up 128% on the year before. It reports a land bank of over 3,000 acres.
What they build. Premium and luxury apartments and villas, mostly in North Bengaluru, with new projects planned in Mumbai and Delhi NCR. Many of its Bengaluru homes are near the airport road and Hebbal.
How they are doing now. Sales are growing fast: ₹2,632 Cr in January to March 2026 and ₹868 Cr in April to June 2026, more than four times the same quarter a year earlier. Profits are weak: it made a net loss of ₹872 Cr in FY26. Net debt was ₹2,937 Cr at March 2026. It targets ₹8,000 Cr of sales in FY27.
Embassy Group key factsUpdated 28 Oct 2026
- Founded
- 1993, Bengaluru
- Run by
- Jitu Virwani (Chairman), Aditya Virwani (MD)
- Stock listing
- Embassy Developments Ltd, NSE EMBDL, BSE 532832
- FY26 sales
- ₹4,631 Cr booked, up 128%
- FY26 result
- Net loss of ₹872 Cr
- Main market
- Bengaluru, with MMR and NCR planned
- Website
- embassygroup.com
- Projects on BookNewProperty
- 6 (6 open for sale)
- Homes from
- ₹1.35 Cr
Sources: Outlook Business / PTI (7 Jun 2026), Sahi.com on Q4 FY26 results (20 May 2026), Free Press Journal on Q1 FY27 sales (Aug 2026). Project counts and prices are live from BookNewProperty listings.
What changed at Embassy Group
Prices and stages checked daily · last checkLatest Embassy Group news
Tracked daily by our news desk- Prestige Group to Develop 4.84 Million Sq. Ft. Commercial Space in Phase 2 of Prestige Lakeshore Drive
- Prestige Group Invests ₹3 Crore to Rebuild Bengaluru’s Brunton Road Using Recycled Plastic Waste
- Embassy Group’s High-Rise Whitefield Project Progresses with Environmental Clearance Seeking
- Embassy Group to Develop 117-Acre Knowledge Park in North Bengaluru
Why buyers choose Embassy Group
- Big Bengaluru name. Embassy has built some of the city's largest office parks, so it has deep local experience and land.
- Public accounts. Its homes business is listed, so sales, debt and losses are reported every quarter.
- Strong sales growth. Bookings more than doubled in FY26, which shows buyers are taking up its new launches.
- Premium locations. Many projects are in North Bengaluru near the airport road, an area with steady demand.
Know before you buy
- Losing money for now. The listed company made a net loss of ₹872 Cr in FY26. Sales are booked before profits show up, but it is worth watching.
- Recent merger. The listed company is a merged business with the old Indiabulls Real Estate, and it faced insolvency cases that a tribunal set aside in 2026.
- Mostly expensive homes. Prices are in the premium and luxury range, with few options for budget buyers.
- New homes track record is shorter. Embassy is far better known for offices than for housing. Ask about past home deliveries.
- Many launches planned. A large launch plan means many projects at the same time. Check the RERA possession date for your project.
Embassy Group projects: new launches, under construction and ready to move
6 of 6 Embassy Group projects are open for sale. Filter by city, stage, home type and budget.
6 matching projects
No listed project matches that mix yet. Our advisors also track upcoming Embassy Group launches.
Embassy Group prices by city (2026)
Starting prices and average price per Sq.Ft. across Embassy Group projects open for sale, live from our listings.
Live from our listings. "Get prices" means the builder shares prices on request; we will send them to you.
Get the Embassy Group price report
Live prices straight from developer price sheets, not listing portals.
- Rate per Sq.Ft. and all-in price for each project
- Upcoming launches before they open
- Current offers and payment plans
Where should we send it?
Sent to your phone within 30 minutes, 9 AM to 9 PM.
How big is Embassy Group, and how is it doing?
Company figures from Embassy Group's own business updates. FY means India's financial year, April to March.
Quarter by quarter: ₹2,632 Cr in Jan to Mar 2026, then ₹868 Cr in Apr to Jun 2026 (down 67%). The second figure is the first-half total minus the first quarter.
- JVJitu VirwaniChairman
- AVAditya VirwaniManaging Director
Sources: Outlook Business / PTI (7 Jun 2026), Sahi.com on Q4 FY26 results (20 May 2026), Free Press Journal on Q1 FY27 sales (Aug 2026). Project counts and prices are live from BookNewProperty listings.
Embassy Group by the numbers
Our own analysis of the 6 Embassy Group projects we track. It updates when projects are added or prices change.
Should you buy from Embassy Group?
Our verdict on Embassy Group
Our verdict. Embassy is a strong Bengaluru brand with land, scale and fast growing home sales. For premium buyers in North Bengaluru it is a serious name to shortlist.
The trade-off is the balance sheet. The listed company is still making losses after its merger, so we suggest you pay close attention to the RERA progress reports for your project.
Good for you if
- You want a premium or luxury home in North Bengaluru
- You want a big local brand with listed accounts
- You are comfortable with an under construction home
Think twice if
- Buyers on a tight budget
- Buyers who want a builder with steady profits
- Buyers who need to move in soon
Reviewed by Vikash S, 28 Oct 2026. We are a channel partner, so we earn from the builder, never from you.
Embassy Group FAQs: what buyers ask
How many Embassy Group projects are there?
We list 6 Embassy Group projects, and 6 of them are open for sale.
- New launch: 3
- Pre-launch: 2
- Under construction: 1
What is the starting price of Embassy Group projects?
Embassy Group homes listed with us start from ₹1.35 Cr.
- Bengaluru: from ₹1.35 Cr
- Final prices depend on floor, view and size.
What are the new launches by Embassy Group?
5 Embassy Group projects are in new launch or pre-launch now.
In which cities does Embassy Group have projects?
Embassy Group projects we list are in 1 city.
- Bengaluru: 6 projects
Does Embassy Group sell villas or plots?
Yes.
- Villa and row house projects: 1
- Apartment projects: 5
Is Embassy a good builder to buy from?
Embassy is a large Bengaluru group with strong land and fast growing home sales. Its listed homes company is still loss making, so check the RERA page and progress updates for your project.
Who owns Embassy Group?
Embassy Group was founded by Jitu Virwani, who is Chairman. His son Aditya Virwani is Managing Director. The listed homes company also has public shareholders.
Is Embassy listed on the stock market?
Its homes business, Embassy Developments Limited, is listed on the NSE as EMBDL and on the BSE as 532832. Embassy also sponsored the separately listed Embassy Office Parks REIT.
Are Embassy projects RERA registered?
Every project launched after 2017 must be registered with its state RERA, and we show the number on each project page. If you are offered an EOI before registration, pay only a refundable amount.
How has Embassy performed recently?
Embassy Developments booked ₹4,631 Cr of sales in FY26, up 128%, but made a net loss of ₹872 Cr. It booked ₹868 Cr in April to June 2026.
What is Embassy known for?
Large office parks in Bengaluru and, more recently, premium and luxury homes in North Bengaluru.
Terms on this page, explained simply
- RERA
- The state property regulator. Every new project must register with it and publish its plans, approvals and handover date.
- Pre-launch or EOI
- Booking your interest before RERA registration, usually with a refundable amount, to get early prices.
- Sales bookings
- The value of homes a builder sold in a period. It shows demand, not money already received.
- Listed company
- A company whose shares trade on the stock exchange. It must publish its results every quarter.
- Carpet area
- The usable floor area inside your walls. Builders must state it under RERA.
- Occupancy certificate (OC)
- The approval that a finished building is safe to live in. Ask for it before buying a ready home.
Find the right Embassy Group home in one call
Our advisors compare live prices, payment plans and handover dates across every Embassy Group project, then send you the best 3 to 5 matches.